GACO board proposes reducing nominal value from SAR 10 to SAR 0.5
- Date: 27-Apr-2023
- Source: Argaam
- Sector:Oil & Gas
- Country:Saudi Arabia
GACO board proposes reducing nominal value from SAR 10 to SAR 0.5
Al-Gassim Investment Holding Co.'s (GACO) board of directors recommended today, April 27, reducing the stock's par value from SAR 10 to SAR 0.5.
Thus, the number of the company's shares will become 600 million shares, instead of 30 million shares, with the company commitment to complete the necessary related process, noting that there is no change in the company's capital before and after the split process, according to a statement to Tadawul.
Select Sector 
Select Country 
